A severe cryptocurrency collapse characterized the last few months of 2022. In a matter of days, its market value decreased by more than two trillion dollars.
Older tokens like Uniswap (UNI) and Polygon (MATIC) are projected to be surpassed by Flasko, which is suitable for investors. Investors have been seeking projects to invest in early and be ready for the following bull market because Uniswap (UNI) and Polygon (MATIC) have underperformed in the current bear market.
Investors are drawn to the new crypto project Flasko’s current presale for various factors and its distinctive ambitions.
Uniswap (UNI) Faces A Price Downfall
Smart contracts are used by the well-known Ethereum-based decentralized exchange platform Uniswap (UNI) to simplify automatic trades.
Uniswap (UNI) essentially offers liquidity, a crucial task in DeFi. The Uniswap (UNI) Foundation acquired $74 million to fund initiatives that would improve the platform’s governance practices, decentralized exchange transactions, and protocol development.
Uniswap (UNI) price has been progressively declining over the past few weeks. Traders have lost trust in the market due to UNI’s bulls’ inability to exceed its immediate support. Uniswap (UNI) is now trading at $6.51, 85% less than the all-time high it attained on May 3, 2021, when it was $44.92.
Polygon (MATIC) Has Difficult Days Incoming
Polygon (MATIC), a layer 2 Ethereum sidechain, was designed to increase the scalability, security, and anonymity of the platform for smart contracts. The native token of Polygon (MATIC), called MATIC, is frequently used for Ethereum-based rewards, staking, trading, and voting protocols.
Prices for Polygon (MATIC) fell from their $2.72 highs in 2021 in the first quarter of 2022, but they quickly recovered ahead of Ethereum’s Merge. But shortly after, Polygon (MATIC) succumbed to the bear market like many other cryptocurrencies.
It is now worth $0.77, a 71% fall from its 2021 highs, and its holders are starting to migrate to projects like Flasko.
Flasko (FLSK) Seizes The Eyes Of Many Investors
Even though Flasko’s presale just started, it has already been quite popular among investors who think it offers a straightforward yet original and distinctive value proposition. Flasko wants to be the first platform to bring together the world of cryptocurrencies and alternative investing.
Users can purchase rare and expensive high-end whiskeys, champagnes, and wines with real-world asset-backed NFTs. Additionally, it will collaborate with luxury beverage start-ups to assist them in commercializing their goods, and investors will have access to new items first and receive discounts.
The current price of Flasko is $0.05, which is a good entry point for all. Top crypto analysts predict that the cost of the Flasko token will increase by over 4,000% by the end of 2022.
It has a lot of ambition and may even be a blue-chip cryptocurrency in the future. If you would like to know more details about Flasko, visit the links below:
Website URL: https://flasko.io
Presale: https://presale.flasko.io
Telegram:https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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Source: https://www.thecoinrepublic.com/2022/10/04/investors-in-polygon-matic-and-uniswap-uni-are-keen-to-know-whether-flasko-flsk-can-exceed-them/